TAKE-OVERS &MERGERS (PARAGRAPH/RULE 9.19 (47A))
Type Announcement
Subject Description
TAKE-OVERS &MERGERS (PARAGRAPH/RULE 9.19 (47A))
CENTURY BOND BHD (CBB OR COMPANY)
RECEIPT OF NOTICE FROM CIMB INVESTMENT BANK BERHAD ON BEHALF OF PERANGSANG PACKAGING SON BHD (PPSB OR OFFEROR) ,A WHOLLY-OWNED SUBSIDIARY OF KUMPULAN PERANGSANG SELANGOR BERHAD
UNCONDITIONAL TAKE-OVER OFFER BY PERANGSANG PACKAGING SON BHD ("PPSB" OR "OFFEROR"), A WHOLLY-OWNED SUBSIDIARY OF PERANGSANG SELANGOR, THROUGH CIMB INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN CENTURY BOND BHD ("CBB" OR "OFFEREE") NOT ALREADY OWNED BY THE OFFEROR ("OFFER SHARES") FOR A CASH CONSIDERATION OF RM1.75 PER CBB SHARE ("OFFER")
Unless otherwise stated all definitions and terms and conditions in the Company's announcements dated 27th December 2016,8th December 2016,7th December 2016,1st December 2016,7th November 2016,1st November 2016 and 31st October 2016 shall apply to this announcement .
The Board of Directors of Century Bond Bhd ("The Board") wishes to announce that the Board had on 5th January 2017 received notification by way of a press release from CIMB Investment Bank Berhad,on behalf of the Board of Directors of Perangsang Packaging ("PPSB"or
"Offeror"),informing that the Offeror has,on 5th January 2017, despatched the notice to the holders of the Offer Shares who have not accepted the offer ("Holder(s)"} ,in accordance with Subsection 223(2) of the CMSA ("Notice"} ,informing the Holders that they may exercise their rights to require the Offeror to acquire the Holders'Offer Shares.
Pursuant to the above,any Holder may give notice to the Offeror requiring the Offeror to acquire the Offer Shares held by the Holder no later than 5.00 p.m.on 28th March 2017,which shall not be less than three (3) months from the Closing Date, on the terms and conditions as set out in the Offer Document, or such other terms and conditions as may be agreed or as the High Court,on application made to it by the Holders or by the Offeror, thinks fit.
A copy of the press notice in relation to the above is enclosed below.This announcement is dated 5th January 2017.
cFOR IMMEDIATE RELEASE
Date:5 January 2017 To: | Attention: | Fax no.: |
Bursa Malaysia Securities Berhad | Mr Tan Yew Eng I | 03- 2732 3267 I03- 2026 0197 |
Securities Commission | Mr Heng Teck Heng Pn Zulaiha Subohi | 03- 6201 5158 |
Berita Harian Utusan Malaysia | En Mutazar GhaniEn Johary Ibrahim | 03- 2056 7081 I2056 7082 03- 9223 0957 |
Bernama | En Mikhail Raj | 03- 2694 9636 |
The New Straits Time Press (M) Bhd | Editor, Business Section | 03- 2056 7184 |
The Star | Mr Shanmugam | 03- 7955 4039 |
The Edge Financial Daily | Ms Kang Siew Li | 03-7721 8038 |
The Sun | Editor,Business Section | 03- 7785 2624/7785 2625 |
The Malaysian Reserve | En Zul Othman | 03-6211 1852 |
Nanyang Siang Pau | Mr Ha Kok Mun | 03- 7872 6993 |
Sin Chew Jit Poh (Malaysia) | Ms Low Sow Wan | 03-7955 8379 / 7955 6881 |
KUMPULAN PERANGSANG SELANGOR BERHAD ("PERANGSANG SELANGOR")
UNCONDITIONAL TAKE-OVER OFFER BY PERANGSANG PACKAGING SDN BHD ("PPSB" OR "OFFEROR"), A WHOLLY-OWNED SUBSIDIARY OF PERANGSANG SELANGOR, THROUGH CIMB INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN CENTURY BOND BHD ("CBB" OR "OFFEREE") NOT ALREADY OWNED BY THE OFFEROR ("OFFER SHARES") FOR A CASH CONSIDERATION OF RM1.75 PER CBB SHARE ("OFFER")
We refer to the announcements dated 11 August 2016,31 October 2016,8 November 2016 ,21
November 2016, 6 December 2016, 7 December 2016, 8 December 2016 and 27 December 2016 in relation to the Offer("Announcements") and the offer document dated 21 November 2016 which sets out the details, terms and conditions of the Offer("Offer Document"). Unless otherwise stated, the terms used herein shall have the same meaning as defined in the Announcements and the Offer Document.
On behalf of the Board of Directors of Perangsang Selangor, CIMB Investment Bank Berhad ("CIMB") wishes to announce that the Offeror has,on 5 January 2017,despatched the notice to the holders of the Offer Shares who have not accepted the offer ("Holder(s)"),in accordance with Subsection 223(2) of the CMSA ("Offeror's Notice"), informing the Holders that they may exercise their rights to require the Offeror to acquire the Holders' Offer Shares.
Pursuant to the above,any Holder may give notice to the Offeror requiring the Offeror to acquire the Offer Shares held by the Holderno later than 5 .00 p.m .on 28 March 2017, which shall not be less than three (3) months from the Closing Date, on the terms and conditions as set out in the Offer Document,or such other terms and conditions as may be agreed or as the High Court, on application made to it by the Holders or by the Offeror, thinks fit.
CIMB Investment BaniBerhad(113417-M)
(A Participating Organisationof BursaMalaysiaSecurities Berhad)
17thJ:loor Monara CIMB Jala11Stosci11Snlrol2 Kuala Lump11rSentrnlS01l70K11;:ila LumpurM;:ilaysia
Telephone +603 22618088 Facsimile+603 22618889 www.cimb.com
gc1MBShould you have any queries, please contact Encik Zain Azhari Mazlan, Ms Ang Lay Leng or Encik Muhamad Hamidin at (603) 2261 8888 atextension of 0338, 0983 or 0981 .
Yours faithfully ,
For and on behalf of CIMB Investment Bank Berhad
Managing Director Corporate Finance Investment Banking
Director
Corporate Finance Investment Banking
Century Bond Bhd published this content on 05 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 January 2017 09:02:05 UTC.
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